TokyoTokyo Mon - Fri 10:00-18:00 +81 (368) 662-975

Nonprofit aims to help business owners of color

Mount Equity Group Tokyo, Japan > News > Business > Nonprofit aims to help business owners of color

BATTLE CREEK, Mich. (WOOD) — August is Black Business Month. In Battle Creek, a nonprofit is working to make sure there are resources available for small business owners of color.

According to the National Black Chamber of Commerce, 80% of Black business owners have faced significantly more challenges getting their business off the ground due to their race. The W.K. Kellogg Foundation in Battle Creek is working to change that.

The organization has recently launched a funding program to support small business owners who traditionally face challenges receiving loans. The credit program provides businesses with up to $10,000 to help build financial stability, discipline, and credit history.

They recently gave out their first line of credit and plan to help at least 10 more businesses over the next 18 months.

Boonikka Herring, the owner of Cakes by Boo, says this organization has helped her and it’s…

Read more…